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Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2

Script from: TradingViewLongTermMomentumTrend followingVolatility

Employing RSI and Bollinger Bands, this strategy identifies long-entry points when both indicators simultaneously signal an oversold condition—with entries made as the price dips below the lower Bollinger Band. Exiting is signaled when the price crosses above the upper band. The upgraded version 1.2 simplifies by focusing exclusively on long positions, demonstrating enhanced backtesting success over its predecessor.

Bitcoin SV (BSVUSD)

+ Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2

@ 5 min

1.60

Risk Reward

9.49 %

Total ROI

19

Total Trades

OKB (OKBUSD)

+ Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2

@ 5 min

1.42

Risk Reward

5.89 %

Total ROI

22

Total Trades

Bitcoin SV (BSVUSD)

+ Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2

@ 2 h

1.19

Risk Reward

74.42 %

Total ROI

19

Total Trades

Wells Fargo & Company (WFC)

+ Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2

@ 2 h

2.91

Risk Reward

189.80 %

Total ROI

16

Total Trades

Charles Schwab Corporation (The) (SCHW)

+ Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2

@ 2 h

2.78

Risk Reward

255.28 %

Total ROI

18

Total Trades

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ 4 h

4,597,473.80

Risk Reward

229.87 %

Total ROI

19

Total Trades

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ 2 h

35.38

Risk Reward

94.91 %

Total ROI

16

Total Trades

Verizon Communications Inc. (VZ)

+ Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2

@ 2 h

2.58

Risk Reward

100.64 %

Total ROI

17

Total Trades

Alphabet Inc. (GOOG)

+ Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2

@ 5 min

2.56

Risk Reward

28.85 %

Total ROI

16

Total Trades
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Active Trades

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Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2 backtest statistics

Aggregated across every validated backtest TradeSearcher has run on this strategy. Figures update automatically as new backtests are added — they are not edited by hand. Classified as long-term by holding period.

147
Backtests run
>10
Avg profit factor
+129%
Avg net profit
+17%
Avg annualized return
44%
Avg max drawdown
0.14
Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 104% over the same window.

Performance by asset class

MarketBacktestsAvg profit factorAvg net profitAvg max drawdownAvg Sharpe
Crypto282.4+150%45%0.26
Stocks762>10+140%48%0.14
Forex721.9+18%14%0.05

Backtests use the validated-universe filter: non-repainting scripts, over 15 trades, non-excluded. Per-market rows appear only when at least one backtest exists for that asset class.

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